Annual Data
Quarterly Data
McDonald’s Corp., common-size consolidated income statement (quarterly data)
3 months ended:
Mar 31, 2021
Dec 31, 2020
Sep 30, 2020
Jun 30, 2020
Mar 31, 2020
Dec 31, 2019
Sep 30, 2019
Jun 30, 2019
Mar 31, 2019
Dec 31, 2018
Sep 30, 2018
Jun 30, 2018
Mar 31, 2018
Dec 31, 2017
Sep 30, 2017
Jun 30, 2017
Mar 31, 2017
Dec 31, 2016
Sep 30, 2016
Jun 30, 2016
Mar 31, 2016
Sales by Company-operated restaurants
42.18% 42.03% 42.20% 42.37% 42.97% 44.18% 44.50% 44.94% 45.21% 45.93% 46.77% 48.47% 49.34% 50.06% 53.25% 59.00% 60.11% 60.59% 61.83% 62.52% 63.58%
Revenues from franchised restaurants
56.15% 56.18% 56.20% 55.51% 55.32% 55.82% 55.50% 55.06% 54.79% 54.07% 53.23% 51.53% 50.66% 49.94% 46.75% 41.00% 39.89% 39.41% 38.17% 37.48% 36.42%
Other revenues
1.67% 1.79% 1.60% 2.12% 1.71% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Revenues
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
Company-operated restaurant expenses
-35.47% -35.83% -34.63% -38.51% -37.18% -36.26% -36.23% -36.83% -38.06% -37.90% -38.14% -39.79% -41.47% -41.39% -43.09% -47.99% -49.62% -50.36% -50.43% -51.85% -53.78%
Franchised restaurants, occupancy expenses
-11.15% -10.56% -10.48% -13.94% -11.76% -10.53% -10.30% -10.20% -10.76% -9.87% -9.30% -9.04% -9.35% -8.70% -7.95% -7.24% -7.58% -7.21% -6.81% -6.88% -7.03%
Other restaurant expenses
-1.31% -1.30% -1.28% -1.68% -1.39% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Gross margin
52.07%
52.32%
53.61%
45.87%
49.68%
53.21%
53.46%
52.97%
51.18%
52.23%
52.56%
51.17%
49.19%
49.91%
48.96%
44.77%
42.80%
42.43%
42.76%
41.28%
39.19%
Depreciation and amortization
-1.48% -1.51% -1.40% -1.89% -1.56% -1.29% -1.27% -1.18% -1.24% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Other
-9.57% -13.14% -8.39% -15.31% -10.95% -10.93% -8.74% -8.80% -8.83% -11.81% -9.60% -10.13% -10.37% -11.57% -9.85% -8.68% -9.18% -10.41% -9.07% -9.51% -9.79%
Selling, general & administrative expenses
-11.05%
-14.65%
-9.79%
-17.20%
-12.51%
-12.22%
-10.01%
-9.98%
-10.07%
-11.81%
-9.60%
-10.13%
-10.37%
-11.57%
-9.85%
-8.68%
-9.18%
-10.41%
-9.07%
-9.51%
-9.79%
Other operating income (expense), net
3.50% 2.65% 2.81% -3.12% -1.24% 1.87% 0.91% -0.42% 1.15% -1.69% 2.06% 1.21% 2.89% 1.80% 14.40% 1.85% 2.22% 0.64% -0.42% -2.11% 0.76%
Operating income
44.52%
40.33%
46.63%
25.55%
35.92%
42.86%
44.37%
42.57%
42.26%
38.73%
45.03%
42.26%
41.70%
40.15%
53.51%
37.94%
35.84%
32.66%
33.27%
29.66%
30.15%
Interest expense
-5.85% -5.81% -5.72% -8.48% -5.94% -5.29% -5.17% -5.32% -5.53% -4.92% -4.66% -4.49% -4.61% -4.40% -4.11% -3.82% -3.85% -3.67% -3.45% -3.57% -3.70%
Nonoperating income (expense), net
-0.56% -0.08% 0.01% 0.18% 0.66% 0.32% 0.43% 0.34% 0.23% 0.12% -0.17% -0.07% -0.36% -0.45% -0.40% -0.05% -0.14% -0.21% -0.18% 0.26% 0.24%
Income before provision for income taxes
38.10%
34.44%
40.92%
17.25%
30.65%
37.89%
39.63%
37.59%
36.95%
33.92%
40.20%
37.69%
36.74%
35.30%
49.00%
34.07%
31.85%
28.78%
29.65%
26.34%
26.70%
Provision for income taxes
-8.11% -8.52% -8.39% -4.38% -7.17% -8.50% -10.02% -9.19% -10.15% -6.51% -9.71% -9.75% -9.97% -22.22% -16.26% -11.01% -10.44% -8.98% -9.79% -8.90% -7.65%
Net income
30.00%
25.92%
32.53%
12.86%
23.48%
29.39%
29.61%
28.40%
26.81%
27.41%
30.49%
27.95%
26.76%
13.08%
32.73%
23.06%
21.40%
19.79%
19.85%
17.44%
19.05%
Based on:
10-Q (filing date: 2021-05-05) 10-K (filing date: 2021-02-23) 10-Q (filing date: 2020-11-09) 10-Q (filing date: 2020-08-10) 10-Q (filing date: 2020-05-07) 10-K (filing date: 2020-02-26) 10-Q (filing date: 2019-11-04) 10-Q (filing date: 2019-08-06) 10-Q (filing date: 2019-05-08) 10-K (filing date: 2019-02-22) 10-Q (filing date: 2018-11-01) 10-Q (filing date: 2018-08-02) 10-Q (filing date: 2018-05-08) 10-K (filing date: 2018-02-23) 10-Q (filing date: 2017-11-02) 10-Q (filing date: 2017-08-08) 10-Q (filing date: 2017-05-08) 10-K (filing date: 2017-03-01) 10-Q (filing date: 2016-11-04) 10-Q (filing date: 2016-08-04) 10-Q (filing date: 2016-05-06)
Income statement item
Description
The company
Operating income
The net result for the period of deducting operating expenses from operating revenues.
McDonald’s Corp.’s operating income as a percentage of revenues decreased from Q3 2020 to Q4 2020 but then increased from Q4 2020 to Q1 2021 not reaching Q3 2020 level.
Income before provision for income taxes
Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.
McDonald’s Corp.’s income before provision for income taxes as a percentage of revenues decreased from Q3 2020 to Q4 2020 but then increased from Q4 2020 to Q1 2021 not reaching Q3 2020 level.
Net income
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.
McDonald’s Corp.’s net income as a percentage of revenues decreased from Q3 2020 to Q4 2020 but then increased from Q4 2020 to Q1 2021 not reaching Q3 2020 level.
